Michael Saylor’s Strategy Moves $83M in Bitcoin as $9B Paper Losses Raises Pressure
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Michael Saylor’s Bitcoin treasury firm Strategy has made its first significant transfer from its BTC holdings after two months. This especially comes as the firm currently faces over $9 billion in unrealized losses as the coin continues its downtrend. Strategy Transfers $83M Bitcoin Amid BTC Price Downtrend According to Lookonchain, the wallet of the Michael Saylor firm has been reactivated after its previous inactivity. The wallet moved about $83 million in Bitcoin to other wallets as the firm looks to rebalance its sheet. This comes amid rising unrealized losses. Source: Lookonchain Experts have speculated this could just be a repositioning transfer and not a sale. However, there are still concerns of a potential sell-off as Strategy’s unrealized losses now sit at $9.1 billion. To add, Michael Saylor has always maintained they would not be selling the token even if it drops as low as $8,000. He recently made a post hinting at more Bitcoin buys. Bitcoin. On sale. — Michael Saylor (@saylor) February 24, 2026 Earlier this week, the company continued with its weekly purchases of Bitcoin, acquiring 592 BTC. The company’s latest acquisition was the 100th Bitcoin purchase made by the Michael Saylor-led company. The company is currently the largest BTC holding company, far ahead of the second-largest Bitcoin miner, Mara Holdings, which holds 53,250 BTC. Meanwhile, the losses have had a huge impact on the company’s stock in the stock market. In fact, according to Goldman Sachs’ hedge fund positioning data, Strategy has risen to the top spot among the most shorted large-cap US stocks based on short interest as a percentage of market cap. Bitcoin ETFs Sell-Off Mount as Market Struggles In a post, Bloomberg ETF analyst James Seyffart shared how much Bitcoin ETF investors dumped during the last quarter of the previous year. During the last…
Filed under: News - @ February 25, 2026 6:18 am